(1) Where the full funding required for the execution of a project cannot be
raised in one financial year and the services may be spread over several years or
executed in several phases comprising a firm tranche and one or more conditional
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tranches, the Project Owner must schedule the expenditure related to each financial
year.
(2) The contracts referred to in (1) above must feature in a single invitation to
tender and indicate the period for which they are concluded.
Official text
Spot-checked
In force from 20 June 2018
Source page 29